Mohammed launches first phase of Food Tech Valley

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Nevin Al Sukari - Abu Dhabi - Sheikh Mohammed is being briefed about the project.

Gulf Today, Staff Reporter

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of , on Saturday lauched the first phase of Food Tech Valley.

Sheikh Mohammed took to his social media account to make the  announcement.

“We launched the first phase of Food Tech Valley, a new modern & vibrant city that will serve as a global destination for start-ups and industry experts in the food ecosystem,” tweeted Sheikh Mohammed

“The Valley will  host R&D facilities, innovation center, smart food logistics hub and areas for vertical farming,” said Sheikh Mohammed.

VP-open-Food-valley-750x450Sheikh Mohammed during the launch of the Food Tech Valley.

Sheikh Mohammed praised the UAE's food trade industry and said that it exceeds Dhs100 billion annually.

“Our country is a global food logistics hub, and we will work to create a nurturing environment for agribusinesses to develop new farming technologies and enhance our future food security,” tweeted Sheikh Mohammed.

A number of sheikhs and dignitaries attend the lanuch of the Food Tech Valley..

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